Google also: technological giants want to fund the hardware wallet company Ledger

in #busy6 years ago

The industrial conglomerate Siemens and companies like Samsung and Google have shown interest in working with hardware wallet maker Ledger. They want to participate in a second round of financing for Series B, which would allow these companies to finance or sign contracts with the French company.

As reported by Forbes, three major corporations have been looking to create a partnership with, or finance the startup Ledger, which could turn Ledger into the first European unicorn crypto. In 2017, Intel partnered with Ledger to integrate hardware portfolios into more conventional desktop and mobile platforms.

In January, Ledger raised US $ 75 million in its first round of financing for Series B. Since last year, it has seen significant growth and popularity due to the fact that the crypt market was in a bull run and several investors They wanted to store their coins in a secure cold storage wallet.

In fact, the company was able to take over the market owned by Trezor, another major company that also developed hardware portfolios. Ledger can accept more than 30 different virtual currencies. At the same time, the company offers cheaper products compared to Trezor, which means they are more accessible to people with lower budgets.

If Google, Siemens and Samsung are interested in financing or partnering with Ledger, that means there's something very attractive about it. It has revolutionized the market and offers a high quality product for the price paid. This speaks between the lines about the perception that these large technology firms have about the future and evolution of the cryptocurrency phenomenon globally.

During the past year, there were important changes in the exchange of digital currencies that harmed the entire community. Millions of dollars have been lost in virtual assets and regulatory measures have been taken so that the market avoids these situations again. Ledger has been providing portfolios to companies, individuals and other companies that manage small amounts of money, not so small.

It is possible that, before what most people think, all these companies that decided to finance and partner with Ledger decide to integrate into the current of the times and enter the cryptocurrency sector in a more direct way.

In fact, Samsung, one of the world leaders in smart phone sales, has shown interest in entering the cryptocurrency mining space.